Coordination Mechanisms for the Two-Echelon Newsvendor Model with Rapidly Responsive and Strategic Consumers

Aiming at the two-echelon newsvendor problem in which the market demand of commodities is random both in normal sales period and in liquidation period, this paper studies the pricing and ordering decision of retailers by using rational expectation equilibrium under the condition of considering consu...

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Bibliographic Details
Main Authors: Dai Dai, Xinyu Gou, Qiang Wei
Format: Article
Language:English
Published: Hindawi-Wiley 2021-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2021/5578752